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RESILIENCE

The demand for resilient supply chains is growing rapidly. Maintaining business continuity requires that supply chains weather stress or disruption and return to their original state once the situation improves.

Smart supply chain design can provide a high-level of resilience, but it requires significant insights to be truly effective. Professionals must have access to detailed information about all tiers of a supply chain in order to plan effectively. Insight into each suppplier's financial viability, operational performance, geographic environment, compliance records, and more must be considered to design tryly resilient supply chains.

However, no design alone can make a supply chain truly resilient as there is always the threat of unanticipated events. For that reason, smart design must be accompanied by tools that provide early detection of issues and the ability to quickly mitigate those issues.

Solutions must be in place to provide alerts about disruptive events or changes in a supplier's status. Complex data should be presented in a manner that allows anyone to quickly understand the situation, assess the impact, and take action to mitigate the impact.